AFTER months of contemplation and all the hue and cry towards the corrupt practices of previous ruling events, the authorities’s rhetoric of ‘Naya Pakistan’ appears to be a humid squib.
The PTI’s economic reforms are not any higher than others. After a sequence of modifications i.E., replacing the nation financial institution of Pakistan governor with an worldwide monetary Fund-based one, and the resignation of the finance minister, the authorities ended up with $6billion really worth of IMF bailout package deal with stringent situations — a exercise long and time and again performed before.
enormously, that is the identical quantity that the u . S . A . Had already received earlier this 12 months from its pals – the UAE and Saudi Arabia — with even $2 billion in cash.
yet the economic system remains showing a bleak photograph with wonderful fees of common families, and the soaring greenback-rupee gap, no longer to say precarious petroleum product expenses, just to count number some.
it's time to be pleasant with each China and the us, even though in reality it's far near to not possible to take steps together at a time.
Dr Ayesha Jamil Chaudhry
published in sunrise, July tenth, 2019